J P WOOD FOUNDATION
PALATINE,
Illinois,
60067
EIN: 02-0738745
Educational Institutions and Related Activities
MISSION
Charitable foundation offering college scholarships to graduating high school seniors, and martial arts scholarships for the benefit of underprivileged youth.
DEMOGRAPHIC
ADDRESS
145 S QUENTIN RD
60067
COUNTY
cook county, IL
IN CARE OF NAME
JOHN WOOD
ORGANIZATIONAL OVERVIEW & RANKINGS
J P WOOD FOUNDATION is a based in PALATINE, IL, focused on Educational Institutions and Related Activities causes , specifically Scholarships, Student Financial Aid Services, Awards. Established in April 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $8,837.00, this ranks 700,035 among 2,656,690 nonprofits nationally (Top 27%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 29,566 out of 106,037 organizations in IL (Top 28%).
In cook county, IL, the organization ranks 13,830 out of 46,103 nonprofits by assets (Top 30%), while locally in palatine, it stands at 120 among 411 organizations (Top 28%).
The organization reported no revenue in the most recent filing period, placing it at 1,856,364 nationally and 73,476 in IL.
Within its specific NTEE classification (B82 - B: Educational Institutions and Related Activities), which includes 31,922 similar organizations, J P WOOD FOUNDATION ranks 9,689 in assets (Top 31%) and 30,019 in revenue (Top 95%).
The organization files a 990 - Not required to file(all other) and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
B: Educational Institutions and Related Activities
NTEE CODE
B82: Scholarships, Student Financial Aid Services, Awards
FOUNDATION CODE
N/A
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2023
ACCOUNTING PERIOD
12
INCOME CODE
1: $1 to $9,999
INCOME AMOUNT
$7,065.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2021
ASSET CODE
1: $1 to $9,999
ASSET AMOUNT
$8,837.00
FILING REQUIREMENT CODE
990 - Not required to file(all other)
PF FILING REQUIREMENT CODE
990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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